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CNN
Dec 31, 2012 4:00am PST
's my tide, what's yours? >>> happy new year! just 17 hours from it every 2013 and the fiscal cliff. congress putting your money at risk. may be a last-minute vote in the senate today. again, that is more than 517 days after they could have fixed the thing to start with. in case you weren't angry yet, president obama sign the executive order that gives executive worker as a pay raise. won wonders whether congress has earned their raise. grover and i have never agreed on anything rat all except the fact that congressmen shouldn't have had a raise on thursday. good morning, goo to see again. >> good morning. >> you continue to engage in the conversation which i always appreciate. let me ask you this, you don't want taxes going up on anyone. but when things looked like they were aat an impasse and house speaker john boehner, the highest elected in the country. put forward his plan b about a week ago, you read it through, and you said you would be okay with people who had signed this anti tax pledge of yours voting for that bill. voting for an increase of taxes. and you will phrase it d
CNN
Dec 30, 2012 3:00pm PST
month's payment on any new volkswagen. visit vwdealer.com today. >>> this whole fiscal cliff mess shows how out of touch you are with the way that people live in the country. you are off in la-la land and people are saying that you are are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actu actually representing the people who elected you. >> more interested in being right than in doing the right thing. you know, don, i'm not one of the guys who piles on with the mob and hates politics and hates washington, but people are frustrated and i have trouble finding fault in their frustration at all. welcome back, everybody, to the special coverage of the fiscal cliff negotiations. don and i will stick with you while we follow what is going on. take a look at what is going op at the capitol and pretty picture, and i hope they are getting work done in there. lawmakers are getting work done and they are filing in for the roll call. you don't want to leave it for the last minute. the talks are aimed at preventing us from going over th
CNN
Dec 27, 2012 4:00am PST
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
CNN
Dec 31, 2012 1:00pm PST
right now. including that so-called fiscal cliff. only seven hours until the ball drops for new year's. and seven hours till the united states formally goes over that fiscal cliff. a still combative president obama says an agreement is in sight and the senate leader mitch mcconnell says it's close as well. house republicans have decided they will not vote until after taxes have already gone up. they're supposed to go up after midnight. we have complete coverage of this breaking news story as well. let's begin this hour with our senior congressional correspondent dana bash. as we've been saying, we are going over the fiscal cliff. >> reporter: technically, that is true. house has decided that there's no point, from the perspective of republicans who run the house, to stay tonight, because the plan over the past two, three days, has been for the senate, which is down the hall behind me, tore vote on any kind of deal first, and then send it to the house. the senate isn't there yet. they're very close. but close doesn't give a bill to the people who need to write it and put it on the flo
CNN
Dec 30, 2012 3:00am PST
, not just right now with the fiscal cliff, but in the new year when a whole host of other issues come to visit us. so, with the new year just days away but the change of the calendar year comes lots of changes in state laws. here's what we're going to be looking at, here's a look at what will be legal and illegal in the new year. >> well, alison, some laws made headlines. gay marriage was passed in maryland and maine and the recreational use of marijuana was passed in colorado and washington state. wait, there's more. much more. let's start with the laws that take effect on january 1st. so, in illinois and california, employers may no longer force their employees to post their accounts. speaking of job seekers, let's check out oregon. employers are not allowed to advertise a job listing in that state unless they are willing to hire the unemployed. in iowa, arsenic is banned in chicken feed. in california, this one made headlines, too. that state is now banning the treatment aimed at changing the sexual orientation of anyone under the age of 18. and on the othlighter side, a n law in i
CNN
Dec 27, 2012 2:00am PST
over the fiscal cliff. happy new year. here's what you might have missed. president barack obama has left hawaii. he left last night, arriving in d.c. early this morning. the senate is also coming back from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of th
CNN
Dec 29, 2012 5:00am PST
. give us a perfect new year's eve, please, one that will prepare us for the looming fiscal cliff? >> you know, you're killing me with that. listen, i'll give you a great dessert. a coffee cream dessert. a great new year's eve dessert. it's simple to make, dark rum, espresso coffee, put it in a blender and then serve it in martini glasseses. put them in the fridge, let it get nice and cold. after your dinner, pull it out, put coffee beans on top, serve it. great dessert. martini grass, enlass. >> start with something sweet. i like it. thanks for waking up early and joining us. >> thanks. >>> it may not be so easy to get money for that new car if washington drives us off the cliff. what no deal can mean for bank loans in 2013. >>> and i am following him, by the way, on twitter. >> good for you. >> in that second. >>> all right, moving on, talking about the grief and anger in india. protesters call for justice for a gang rape victim who has died now. her case is galvanizing the nation. we'll we're going to take you live to new delhi. stay close. 315 horsepower. what's that in reindeer-power
CNN
Dec 30, 2012 11:30am PST
. that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means for real people and real terms, would be that social security recipients would see smaller checks on a monthly basis and that's why democrats are saying that this is a nonstarter. the president did propose this to the house speakers as part of a larger deal. he even talked about it again this morning on nbc, the president. but democrats are saying that they simply do not see this in this miner, smaller mini deal. they don't want to deal with the entitlement issue at all until a later date when they can deal with it in a broad sense. here's an example of what we heard a half hour ago from the republican
CNN
Dec 30, 2012 6:00am PST
. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi ber ra. >> this is deja shz vu all over again. americans want to know why you can't get stuff down in an organized timetable. >> so if we all saw it coming, why did congress wait so long to do something about it? why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we are back. let me just go back to one point, and that is there are people sitting around wondering whether their taxes will go up. i want to ask you again about the chances of you think of something passing. senator lindsey graham thinks the chances are exceedingly good and, quote, the presiden
CNN
Dec 29, 2012 3:00pm PST
as president obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a deadline-oriented city, and this coming week brings one that is a real doozy, billions in tax increases and across-the-board spending cuts take effect. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of govern
CNN
Dec 31, 2012 4:00pm PST
breaking news stories this hour. we now know the united states will in fact go over the fiscal cliff at midnight tonight. the senate is closing in on a deal, but the house has said it will not vote tonight. possibly take up any action tomorrow. the other breaking news story we're following, new details emerging of secretary of state hillary clinton's blood clot. doctors are now revealing it's located in a vein between her brain and her skull. they say it did not result in a stroke or any neurological damage. we're following both of these stories. i want to bring in tom foreman on the fiscal cliff. the emerging deal that's out there, no deal yet, and no deal until it's finalized, not only in the senate, as you know, tom, but the house of representatives and signed into law by the president. >> there's so many contentious details here. any one of them might trip this up, but there are two big pillars we're talking about today more than anything else. the first one seems to have been successful. it has to do with the idea of where you're going to put the threshold for maintaining the bu
CNN
Dec 31, 2012 6:00am PST
'll know if there's a deal on the fiscal cliff or not and what either outcome means for you and your money. we'll talk to sheila bair, former fdic chairwoman. and texas congressman lloyd daggett. so much to talk about tomorrow. i certainly hope a deal has been done. >> nice to work with you. >> are you going to go to times square? >> i'm going to run the park. 2013 starts with a run. i conned my wife into it as well. she'll join me. >> happy new year to you. >> cnn newsroom with suzanne malveaux begins now. >>> happy new year. stories we're watching now. hours by hour, inch by inch, the nation sliding closer to the fiscal cliff. we'll have more on this morning's negotiations and what we'll lose if those talks fail. and workers in some states may see a pay raise but may not notice much of a difference. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest
CNN
Dec 30, 2012 12:00pm PST
viewers here in the united states and around the world. breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a standstill. you see a lot of reporters milling around. it's behind this wall that you can't see. the democrats, all senate democrats are meeting now, getting a briefing from the senate democratic leader, harry reid and down this haul, which you can't see from here, the same thing is going on with republicans. at the podium we hope to hear from senate majority leader, harry reid. in terms of where things stand, they're frozens it goes. earlier today, we explained that the reason from the democrats point of view is that they got an offer from republicans that includes what was known as chained cpi, which you've been explaining means social security checks would be smaller for social security recipients, which is something
CNN
Dec 24, 2012 8:00am PST
it for me. "newsroom" continues now. >>> i'm alina cho. topping our news. if you're hoping for a fiscal cliff averting, tax-reforming package all wrapped in a big red bow, better fire off a quick note to santa. a grand bargain isn't going to come by christmas or new year's when all sorts of tax increases and automatic spending cuts take effect. it may take up president obama's bare bones stopgap measure. that plan would block tax hikes for those earning $250,000. it would extend unemployment benefits to 2 million americans and put off spending cuts until the new year brings a new congress. our expert on all matters relating to the fiscal cliff is dana bash. she joins me now from washington. dana, great to see you again. tell me does even a band-aid approach work? >> it's going to be tough. this is all math. but it really has to do with the math with regard to votes. and democrats especially who i'm talking to in the senate which is probably where this will originate, the reality is that democrats don't hold a very big majority. her going to need to have a handful of republicans to cross
CNN
Dec 28, 2012 8:00am PST
. >> how are the markets doing today with all the news about the fiscal cliff and going over it being a possibility? >> markets are selling off just a bit. the dow is down 75 points. with rumors of congress coming back into session over the weekend, we did see the markets turn around a bit yesterday. now the selloff continues. there's just not a lot of confidence that a deal can get done. the reason you're seeing the dow down 76 points. >> all right, alison kosik at the new york stock exchange. thank you. >>> chicago reached a dubious milestone overnight. a shooting victim on the west side became the city's 500th homicide of the year. police say the 40-year-old man was shot in the head outside a convenience store. no arrests were made. chicago has been struggling for decades to overcome an epidemic of gun violence. this year's figures are 17% higher than last year. but it's still just half the murder rate of 20 years ago. according to chicago police statistics, 943 homicides were recorded in 1992. >>> in suburban st. louis, let's just say an alleged shoplifter picked the wrong store o
CNN
Dec 27, 2012 6:00am PST
jobs report and the big worry, carol, that's hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understandably and keenly interested to know about who owns guns in their neighborhoods." scott summervila is president of the westchester new york fire owner association. he is on the list and joins me this morning.
CNN
Dec 31, 2012 8:00am PST
more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year. midnight arrived in asia. they are calling it a pyre tech nick musical. they were scheduled to begin an hour before midnight. hong kong on the top ten places to ring in the new year. let's listen. ♪ ♪ ♪ ♪ >>> ring in the new year, good morning 2013. we'll continue to monitor all of these celebrations as the day rolls on. the night rolls on in some cases. midnight in the u.s. is the big fiscal cliff deadline. there are two fronts we are watching today. capitol hill and wall street. let's see if there's any movement on capitol hill. stock markets moving up because it's a little erratic. dana bash is watching that live for us. dana, last hour you were saying progress is being made. now you've been hearing rumblings on the opposite from the far left. what are you hearing now? >> very interesting. we have been hearing from both sides of the aisle that part of the big issue has been to get over objections from conservative republicans who are
CNN
Dec 29, 2012 9:00am PST
between the lawmakers and president obama to try to avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and ma
CNN
Dec 27, 2012 8:00am PST
summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's the problem. confidence doesn't react to a bun ji jump. if you stole my phone and then i got it back from you, it would take that time before i develop that trust wp we saw the consumer confidence numbers come out and they have taken a big hit because consumers are worried about the fiscal cliff. the investing side is our debt raiting, you'll recall the last time we messed around with the debt ceiling, we got kicked down a notch. so if we are seen to be so irresponsible we would do this again and get past our debt limit, the world may sit there and say you're not that good. maybe americans are irresponsible with their money. we hit the debt limit on money. we have known that was coming. the treasury secretary reenforced that. this is a problem. they can fiddle
CNN
Dec 27, 2012 11:00am PST
weapons. the stories that affect your bottom line to the new apple boss and the fiscal cliff. the biggest money stories of 2012, next. >> 2012 was a big year for business from apple's new world to facebook's ipo in fears over the fiscal cliff. we countdown the biggest business stories of the year. it can sti invent things we didn't buy, faster than any technology. number nine, the u.s. stock market despite all the worries about the fiscal cliff, the stock market had a great year. >> number eight. facebook's i pshlpo. investor diagnosis not. trading glitches and questions about the company's ability to make money on mobile users unload the stock which has yet to climb back to the ipo price. >> number seven, mother meyer. the new ceo of yahoo who announced she would take a two-week maternity leave. 37 years old and it looks like a mother's touch is what yao ya hoo needed. >> an intense drought that scorched the corn and soy crop sending prices sky high. who can forget super storm sandy. neighborhoods along the northeast swept away millions without power and damages as high as $50 billion br
CNN
Dec 29, 2012 7:00pm PST
in the clubs. one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next. why should saturday night have all the fun? get two times the points on dining in restaurants, with chase sapphire preferred. good afternoon. chase sapphire. (push button tone) this is stacy from springfield. oh whoa. hello? yes. i didn't realize i'd be talking to an actual person. you don't need to press "0," i'm here. reach a person, not a prompt whenever you call chase sapphire. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. that deliver what you want in real ti
CNN
Dec 30, 2012 1:00am PST
. i bring it up in the clubs. one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
CNN
Dec 31, 2012 9:00am PST
. christine, happy new year. >> thanks for watching. i'm christine romans following fiscal cliff all day and night. ashleigh banfield returning tomorrow. "newsroom with suzanne malveaux" starts right now. >>> welcome back to "cnn newsroom." here's what's going on right now. ♪ >>> 2013 hitting right now in bangkok, thailand. we're looking at live pictures there as the celebrations and the fireworks exploding there. lots of picture-taking and a lot of excitement there. right now pope benedict holding a new year's eve mass at st. peter's basilica. they will celebrate the new year in six hours. a couple of hours ago folks toasted 2013 in new zealand. check it out. >> pretty cool. party started with fireworks with the auckland sky it tower. organizers were worried bad weather would be a problem, but everything turned out just fine. congratulations. the second major city to ring in the new year, sydney, australia. check it out. wow, that is over city harbor bridge. the show is huge. we are talking about seven tons of fireworks. happy new year's all around. >>> of course, we are waiting as we
CNN
Dec 30, 2012 9:00am PST
to avert the fiscal cliff included $50 billion in new infrastructure spending. that as we know landed with a thud among congressional republicans but despite that reaction, it doesn't seem like the president is backing down. >> the second thing that we've got to do is stabilize the economy and make sure it's growing. part of that is deficit reduction, part of it is also making sure that we're investing, for example, in rebuilding our infrastructure which is broken. >> i'm joined now by two republican lawmakers wyoming senator barrasso of wyoming, we just said, and idaho congressman raul labrador. thank you for joining us. let's talk first about new spending. investment generally means you want to put more money into infrastructure, bridges, roads, schools, things like that. is that something that you all might go along with? is that a nonstarter? >> it's a nonstarter. the president really, and you have pointed to the problem, the problem in this country is we have a spending problem. that's how we ended up with $16 trillion in debt and yet the president doesn't talk about ways to mini
CNN
Dec 31, 2012 1:00am PST
the fiscal cliff negotiations on capitol hill. do you have any good news for us, lisa? >> reporter: the news is a little better than it was earlier today. we know negotiations are still happening. there was a point today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let me tell you this, lisa. when you see the workers there, and the crew that -- and those ar
CNN
Dec 29, 2012 11:00am PST
, to other news. in just three days, america will go over that fiscal cliff, unless, of course, these focus which we are about to show you prevent it. they're in control whether or not your taxes go up come new year's day. senate majority leader harry reid, minority leader, mitch mcconnell, john boehner and nancy pelosi. all four met at the white house yesterday afternoon with the president and vice president. and jessica yellin is our chief white house correspondent, and jessica, the president used his bully pulpit after that meeting to sort of reinforce the idea that senators need to get busy. so let's give that a listen first. >> the american people are watching what we do here. obviously, their patience is already thin. this is dejavu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> jessica, you were in
CNN
Dec 27, 2012 9:00am PST
, the spending cuts that make up the fiscal cliff. president obama, he cut his christmas vacation short to deal with this crisis. he arrived back from hawaii just a short time ago, and the senate also returning to work today hoping to come up with some kind of agreement. but time is running out. jessica yellin, she has the latest from the white house. we've got dana bash following the developments on capitol hill. i want to start off with you, dana. what do we know about a possible compromise on the senate siepd what they might be proposed in fairly short order? >> compromise, i'm not so sure we'll see that. but i was told by a republican senator and democratic senator that the pr indicated before he left for hawaii that he, the president, is expected to send a piece of legislation up today with his scaled back tax plan. that's something that the president outlined in general terms on the friday before he left for hawaii and since then what we've been hearing from republicans, particularly mitch mcconnell's office is we can't talk about whether we can pass anything until we actually see the leg
CNN
Dec 31, 2012 11:00am PST
than a year. now, as the new year's deadline approaches, the fiscal cliff may be moving to a later date, in 2013. it is part of a possible deal that is forming at this hour. this, of course, represents the $3.6 trillion the u.s. government spent last year, unless congress reaches a deal when the new year hits. so too will the fiscal cliff. $600 billion worth of tax increases and spending cuts. it is supposed to be automatic. but now republicans are suggesting a delay, the president just spoke trying to add pressure to congress to avoid going over the fiscal cliff. listen. >> my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain, whatever you want to call it, that solves our deficit problems in a balanced and responsible way that doesn't just deal with the taxes, but deals with the spending in a balanced way, so that we can put all this behind us focusing on growing our economy. but with this congress, that was obviously a little too much to hope for at this time. >> let's turn now to chief white house correspondent
CNN
Dec 30, 2012 1:00pm PST
on any new volkswagen. visit vwdealer.com today. >>> this whole fiscal cliff mess shows how incredibly out of touch your the way people really live in this country. you are off in la la land and everyone is saying how you're acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actually representing the people who elected you. >> my new year's message to washington is this, there are not enough wealthy people or corporations to keep you in office. in that light, please simply grow up, govern, but most importantly, support middle class policies. >> americans, as you can see, are clearly very frustrated with lawmakers. at this moment, there are no deal yet to be reported when it comes to trying to keep your taxes from going up. government spending for things like education, research and investments in infrastructure will also take a big hit. but my next guest says that our defense department is in a much better position to endure a hit like that. lawren lawrence korb joins me in washington. he's former assistant secretary of defense
CNN
Dec 30, 2012 2:00pm PST
sweeper's coat. happy new year from germany. >>> regarding the impending fiscal cliff, we have seen a lot coming from washington, but what about the boss? and by that i mean the american people, and they are angry. josh levs is covering that part of the story and he joins us now. >> yes, we are seeing a lot of frustration and anger, and that is a big part of the story in the country right now. we are following a lot of the developments and reading the tea leaves in washington, but the fact is that around the country, the mounting frustration and concern about what could happen to you and your taxes and a lot of people are sounding off. we have been getting a lot of videos today and ireport, and take a look at this one. >> my mes sang to all of washington for the new year is partisanship aside and working on fixing this mess that you have gotten us into. and bring a ball lapsed budget to the table and fix it in the long term and not the short term. >> this one struck me today because it got us thinking to the young people in the country and what the message the congress is sending to the y
CNN
Dec 28, 2012 1:00pm PST
'll talk to you later, jess, thanks. we are seeing senate leaders take new initiative in the fiscal cliff standoff after their talks with the president. harry reid and mitch mcconnell talked about the meeting and the tough work ahead. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it was a very serious meeting and it took an extended period of time, as you all know, waiting for us. >> mr. president, i would just add -- i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working hard to try to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> let's bring in cnn's senior political analyst, ron brownstein, editorial director of "the national journal." i'm not sure where to begin here. i
CNN
Dec 29, 2012 4:00pm PST
. >> they are trying to find a last minute compromise to keep us from going over the fiscal cliff, respect senator olympia snowe is saying that it's a bigger sign of a bigger crisis. >> what is deeply troubling is you cannot get congress and the president to reach any agreement on anything. >> the latest on the fiscal cliff negotiations in a few minutes. a 31-year-old woman has been charged with second degree murder as a hate crime in connection with a subway death in new york city. they identified the woman as erica ericamenendez in new york. the victim was a store owner and graphic designer. witnesses described a womani pacing the platform and talking to herself before pushing the victim on the tracks as a train entered the stadium. the video shows a woman running from the scene. a airliner smashed into a highway in russia. four of the crew were killed, no passengers were on board and no one on the highway was injured. it was arriving when it over shot the run way. a lot of celebrating early this morning in portland, maine, the first same sex couple said i do under a new state law that took effe
CNN
Dec 30, 2012 4:00pm PST
of the fiscal cliff and we're keeping a close eye on negotiations. >> we're going to spell out what the talks could mean to you and if lawmakers fail to reach a deal what the fallout will be for you and your wallet. you're looking at pretty pictures of capitol hill. i don't know if the scene is pretty but the pictures are. >> the lights are on, the question is, is anybody home? what seems to be a bitter stalemate between democrats and republicans on the fiscal cliff, we have learned of a bit of change this evening with the negotiations. for one, we have learned that the senate will reconvene tomorrow at 11:00 a.m. that means no decision tonight. we have also learned senator mitch mcconnell, the republican minority leader, has had conversations directly with vice president biden. mcconnell had been working with senate majority leader harry reid, but he and biden have gotten things done when working together in the past. can they do it now? let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before
CNN
Dec 29, 2012 10:00pm PST
to avoid the fiscal cliff. it is unclear if any can get enough votes to pass conference. -- congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. a 23-year-old woman. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clarke cooper is executive director. thanks for joining me, clarke. here's that ad. this ad speaks volumes. wouldn't your pa
CNN
Dec 23, 2012 7:00pm PST
taxes. apparently a fiscal cliff solution is not wrapped up as a gift under your christmas tree. makers are home for the holidays. house speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >> a united states senator was arrested for drunk driving early sunday morning. idaho republican was taken to jail in alexandria virginia after midnight. he was stopped for running a red light and charged with driving under the influence. the senator has issued an apology. he was released on $1,000 bond and he has a court date. >>> christmas, two days away, and for much of the country it's going to be a white one. heavy snowfall has blanketed several states up to five feet of snow is expected. snow is also falling back east as well. like lake effect snow has blanketed areas around cleveland and buffalo. high winds are threatening to delay flights in new york, philadelphia and washington. >>> the report you're about to see has very graphic images of people hurt
CNN
Dec 29, 2012 3:00am PST
to talk about money, your money, specifically, and sadly still not good news. >> and it's about the fiscal cliff. negotiations going on this weekend to try and keep from going off the fiscal cliff. the deadline's now just three days away. president obama's modestly optimistic the top democrat and republican in the senate can work things out. jessica yellin has more on what needs to happen in order to make a deal. >> alison, christy, hi. well, the good news is, things could have been worse. it does seem those of us watching the sidelines as though time is running out. congress does some of its best, at least the speediest work when the nation's back is against the wall. >> reporter: after a rare oval office meeting, the president said he's modestly optimistic a deal can come together, emphasis on modestly. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> reporter: all sides left in agreement, at least over their next step. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> whate
CNN
Dec 29, 2012 10:00am PST
reporter at "the new york times." the debt ceiling, the fiscal cliff. we keep trying to solve storms of our own making. nothing being discussed this weekend as steven just made clear. any closer to solving our long-term issues? what we are in at the moment, the reason you are on tv with me right now is this is crisis management that washington is in right now. it doesn't make any sense. >> yeah. it doesn't. and i think that if you look even a month or two ago, folks were talking about starting a tax reform, clean up the code, freeing up money to invest in things like education. nobody's talking about that anymore. you know, right now they're really struggling to figure out what to do with the tax cuts. and, you know, they're not even talking about the sequester very much anymore, which would -- you know, the tax cuts, they would hurt immediately. and everybody's taxes are going up next year if you're a wage earner one way or another because of the payroll tax holiday expiring. but there's a whole host of issues and they're not going to be able to deal with all of them. it's become very imme
CNN
Dec 28, 2012 2:00am PST
on any new volkswagen. visit vwdealer.com today. >>> fiscal cliff hanger, a white house meeting as we head into the last weekend before the deadline. >>> wanted in new york. take a look. police say the woman seen running away on the right had just pushed a man to his death in front of a moving subway train. >>> baseball cap controversy. the braves now retro logo raising a few eyebrows this morning. welcome back to "early start." so glad you are with us on a friday morning. >> it is friday, isn't it? i'm drew griffin. john and zoraida are off. lawmaker has a long time to avoid the fiscal cliff. now only four days left and no deal in sight. that could change today, when president obama holds a meeting with all four congressional leader at the white house. we're not saying you should bet on it. let's bring in ron brownstein for "the national journal." >> good morning. >> good morning. we're talking about this whole idea of a fiscal cliff was absolutely not supposed to happen. >> this was a machine that the two sides built to give guy them more will power to do what they didn't want to do
CNN
Dec 26, 2012 1:00pm PST
the fiscal cliff. why? after january 1st, when everyone's taxes go up, the new congress sworn this on january 3rd could vote to cut taxes. a much easier vote to cast for republicans as well as some democrats. as for the president, is he nhe scheduled to leave his family tonight, come back to washington tomorrow morning, in the hopes of helping his fellow democrats try to find enough republicans to pass his plan. but of course this goes without saying that was a plan that most if not all republicans campaigned very strongly against. >> the most likely scenario is actually did go off the cliff now. ryan liza is our correspondent from washington. you look at this and we're hearing echos of the past. the republican speaker from the house of representatives said, and i have it here somewhere, i don't want to be critical of john, meaning john boehner, but if you don't ever bring something to the floor without the votes. so this is what happened last thursday night where he brought this bill to the floor, his plan b, and it went nowhere. was that a major miscalculation for him? >> it was. look, denn
CNN
Dec 28, 2012 1:00am PST
tomorrow to steer us back from the fiscal cliff. more on what, if any, deal could be shaping up. >>> and keeping them honest, why avoiding economic disaster seems to be so hard to do for some of the folks in washington. >>> some breaking news. late word that president obama will meet tomorrow with congressional leaders for one more shot at keeping the country from going over the fiscal cliff. before we get the latest on that, though, let's clear one thing up. everyone talks about the cliff as if it's simply materialized from out of the blue. keeping them honest, that is just not so. the package of drastic budget cuts and tax increases that go into effect tuesday morning are totally manmade and totally avoidable and all sides know it. it's a kind of legislative dooms day machine written by the men and women who work here and signed by president obama. the idea being to make it so painful not to cut a deal on taxes and spending that they would be forced to cut a deal on taxes and spending. except keeping them honest, they haven't done it. even though they knew the stakes, they kne
CNN
Dec 31, 2012 2:00am PST
that affect your bottom line, from facebook's ipo to the new apple boss, to the fiscal cliff. a look at the biggest money stories of the year. >>> and later this hour, the ten most intriguing people of 2012 as chosen by you. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! when i'm out with
CNN
Dec 27, 2012 1:00pm PST
." >>> on the surface, you might think there's new movement toward avoiding the fiscal cliff that starts making an impact just five days from now. president obama is back in washington and plans to meet with congressional leaders tomorrow. and house members have been told to return to the capital sunday. but there's still no evidence this standoff is anywhere close to being resolved. here's our cnn senior congressional correspondent, dana bash. >> reporter: and candy, you know that even speaks to what is going on here, which is virtually nothing. jessica yellin reported in the last hour that our ted barrett, our senate producer, saw harry reid go into mitch mcconnell's office. well, it turns out that reid walked back out, and told ted barrett that they did not talk about the fiscal cliff at all. that sort of defies logic, but so it goes, that's what he said. and it sort of speaks to the warning that i got earlier this week, which is that most people here think that if anything is going to get done before the fiscal cliff deadline, that it won't happen until the pressure is on, on or around dece
CNN
Dec 30, 2012 10:00pm PST
for observations. >>> 26 hours before the fiscal cliff deadline and for now, lawmakers have hit an impasse. what happens if no deal is reached? specifically, how much would you pay in taxes? there's a calculator online to help you figure that out. we have a breakdown. >> if you want to have a sense of how the fiscal cliff could askts -- ask -- affect you specifically, in terms of how much more you would pay in taxes, let's take a look at this great tool right here, from the tax policy center, it's called the tax calculator. it allows you to plug in all sorts of information about yourself and family to find out how your taxes would change based on all sorts of factors. it is an estimate, we can't predict the future. there are some really good ways to find out how the fiscal cliff would hit you at home. we've taken a couple generic examples, we can't to show you those right here. if you look at a married couple with one child in college. if this couple has an income around $39,000 tax bill goes up $2,700. look at that right there. that's a big chunk of money out of that income. if they're making a
CNN
Dec 28, 2012 5:00pm PST
of the late breaking developments on the fiscal cliff negotiations which are coming down to the wire. it's a working weekend in washington. have a great weekend and a happy new year. "anderson cooper 360" starts right now. >>> john, thanks. we begin tonight with breaking news about your paycheck, your unemployment check, your defense job, the entire economy, you name it. all of it is at stake if the country goes over the fiscal cliff. it's a cliff that lawmakers built. they set the tuesday deadline, they knew it was coming for more than a year. but even now, they have done little to agree to a package before that time. keeping them honest, the people in this building have known what's coming on tuesday, yet they're only returning to this building to get back to work just now. senators came back yesterday. house members, well, they woet be back until sunday. this afternoon, house and senate leaders met with president obama at the white house. they talked for about an hour. afterwards, president obama said he was modestly optimistic. bypassing house speaker john boehner who had trouble get
CNN
Dec 29, 2012 1:00am PST
employment, your paycheck, all of it is at stake if the country goes over the fiscal cliff. it's a cliff that the lawmakers built. they've set the tuesday deadline, they've known it was coming for more it and a year. but until now they've done little to agree on tax increases on tax cuts until that time. people in this building have none what's coming on tuesday yet they're only returning to get back to work just now. senate came back yesterday. house members, well, they won't be back until sunday. this afternoon house on senate leaders met with president obama at the white house. they talked for about an hour. afterwards president obama said he was modestly optimistic. bypassing house speaker john boehner, who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority on minority leads are harry reid on mitch mcconnell to work out a deal on then present it to the house. he also laid out a scaled down mini deal if they are can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the
CNN
Dec 29, 2012 4:00am PST
could the fiscal cliff mean for wall street and your retirement fund? i'm going to ask independent new york stock exchange trader in about one hour from now. >>> all right. let's switch gears here. because after newtown, gun buybacks are making headlines across the country. >>> and we're going to tell you how donors funded the biggest buyback ever in one connecticut town. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it
CNN
Dec 28, 2012 6:00am PST
"newsroom" begins right now. >>> happening now in the newsroom, you know the fiscal cliff is fast approaching, but do you know how the u.s. got into this latest economic crisis? we have the answer. >>> chicago suffers a grim milestone. 500 homicides this year alone. later this hour, we'll talk to reverend jesse jackson about the probl problem. >>> we'll take you to the kennedy space center for an inside look at the museum. >>> and reviewers are raving about microsoft's latest updates but chances are you aren't even using it it. we'll explain this tech disconnect. newsroom starts right now. >> good morning. i'm victor blackwell. we're starting with you, your money and your taxes and that cliff. we're just four days from the fiscal cliff. this afternoon in the 11th hour, this is when it always happens, there's a high-stakes meeting at the white house. at the table, president obama and congressional leaders. the goal is to reach an agreement. but the roots of this current crisis can be traced back to the previous administration. cnn's chief business correspondent has a look at how we
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